Raymond Massi




Phone: 514.934.3537
Fax: 514.934.3504
Address: 1981 McGill College, 11th Floor
Montréal, QC H3A 0G6


Insolvency & Restructuring, Transaction Advisory Services, Consulting Services

Raymond Massi has more than 35 years of corporate finance, financial restructuring, asset reorganization and insolvency experience. He has also testified as an expert witness in various commercial litigation matters. In addition to his professional activities, Raymond is also very actively involved in the Montréal community and the business community.

Raymond is a senior partner with the firm and advises many public and private corporations operating in a variety of sectors. He has been involved in a number of engagements to organize mergers, acquisitions, divestitures, corporate financing as well as financial and operational restructurings. He has also taken part in many due diligence reviews.

Fields of expertise

  • Financial restructuring
  • Asset reorganization
  • Insolvency
  • Transaction advisory

Academic background

  • Licensed Insolvency Trustee, 1986
  • Chartered Insolvency and Restructuring Professional (CIRP), 1986
  • Chartered Professional Accountant (CA), 1977
  • B. Com., Concordia University, 1975

Professional and community involvement

  • Cedars Cancer Institute, member of the Board of Directors since 2012
  • Insolvency Institute of Canada, member since 2007
  • Marie-Clarac Hospital Foundation, Governor since 2004
  • Sarah Cook Fund Cedars Cancer Institute, Founding member of the Board of Directors 2001 – 2012
  • Montréal Port Authority, member of the Board of Directors and Audit Committee 2001 – 2007
  • Italian-Canadian Community Foundation, Governor since 1990
  • Santa Cabrini Hospital, Chairman of the Board of Directors, 1988 – 2000
  • Canadian Association of Insolvency and Restructuring Professionals, member since 1986
  • Canadian Italian Business and Professional Association Montréal, Governor of the Consultative Committee, since 1985
  • Italian Chamber of Commerce in Canada, member since 1985

 Public Recognition

  • Speaker. “Les nouvelles tendances en matière de financement de détresse,” presented before the Canadian Institute, October 2012
  • Speaker. “The Eye of the Storm: An In-House Perspective on Corporate Restructurings,” presented before the Canadian Corporate Counsel Association (CCCA), April 2012
  • Speaker. “The Collapse of the Norshield Financial Group,” presented before the Ontario Bar Association, February 2012
  • Speaker. “La gestion des risques dans le marché actuel de la location : les éléments que vous devez connaître,” Montreal Real Estate Strategy & Leasing Conference, April 2011
  • Speaker. “Cross-Border Transactions – Additional Considerations and Particular Challenges,” presented to Insight Information, June 2010
  • Quoted in an article by Gilbert Leduc, “ExelTech Aérospatiale : un peu d'espoir pour la capitale,” Cyberpresse (web site) and Le Soleil, May 2010
  • Quoted in an article by Marie Tison, “ExelTech est prête à s'envoler aux États-Unis,” La Presse (Affaires), May 2010
  • Quoted in an article by Francis Vailles, “Affaire Norshield – Une vaste tromperie, conclut la CVMO,” La Presse (Affaires), March 2010
  • Quoted in an article by Francis Vailles, “Affaire Norshield – Plus de 10 millions $ d'honoraires pour récupérer les fonds,” Le Nouvelliste. January 2010
  • Speaker. “Analyse pratique du Programme de protection des salariés – Un an plus tard,” conference presented before the Canadian Institute, October 2009
  • Speaker. “Strategies for Bankruptcy, Insolvency and Managing Tenants in Distress,” Montreal Real Estate Strategy & Leasing Conference, March 2009
  • Quoted in an article by François Desjardins, “Nortel invoque la protection de la Cour – Préoccupé, Ottawa n’écarte pas la possibilité d’une aide financière,” Le Devoir, January 2009
  • Speaker. “Naviguer en eaux troubles : le rôle des administrateurs de sociétés insolvables,” presented before the Canadian Institute, October 2008
  • Speaker. “Acquisition et vente de sociétés en difficultés financières – Processus de restructuration et de vente,” speech given at a symposium organized by McCarthy Tétrault, June 2008
  • Author. “Selling a Distressed Business as a Going Concern,” Rebuilding Success Magazine, spring 2008
  • Speaker. “Collapses of Major Hedge Funds and Ponzi Schemes,” presented to the Insolvency Institute of Canada, October 2007
  • Speaker. “Surmonter les défis et éviter les pièges pour une restructuration efficace,” presented to the Canadian Institute, September 2007
  • Speaker. “Collapse of Two Major Hedge Funds,” annual conference of the Canadian Association of Insolvency and Restructuring Professionals, August 2007
  • Speaker. “Comment réussir avec la vente d’une entreprise en tant qu’entreprise en exploitation dans un contexte de restructuration,” presented to Insight Information, April 2007
  • Speaker. “Finding, Preserving and/or Liquidating Assets – Tracing Assets in Foreign Jurisdictions,” presented at the 4th annual conference on insolvency law organized by UBC Faculty of Law National Centre for Business Law, March 2007
  • Speaker. “Transactions impliquant une partie insolvable,” presented to Insight Information, March 2005